Mortgage Lenders and Brokers in Mankato, Minnesota
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Mankato, Minnesota mortgage lenders include Community Bank MankatoCommunity Bank Mankato300 Saint Andrews Dr, Mankato, MN 56001B+4.7 ★Texas Ratio: 19.05%, Minnesota Valley Federal Credit UnionMinnesota Valley Federal Credit Union100 Memorial View Ct, Mankato, MN 56001, BankvistaBankvista1501 Adams St, Mankato, MN 56001A5.0 ★Texas Ratio: 11.00%, MinnStar Bank National AssociationMinnStar Bank National Association201 Poplar St, Mankato, MN 56001A+5.0 ★Texas Ratio: 3.00%, US Bank, N.A.US Bank, N.A.115 E Hickory St, Mankato, MN 56001A+5.0 ★Texas Ratio: 2.85%, Frandsen Bank & TrustFrandsen Bank & Trust1580 Madison Ave, Mankato, MN 56001A+5.0 ★Texas Ratio: 5.91%, Wells Fargo Bank NAWells Fargo Bank NA206 E Hickory St, Mankato, MN 56001A+5.0 ★Texas Ratio: 5.36%, First National Bank MinnesotaFirst National Bank Minnesota500 Long St, Mankato, MN 56001A5.0 ★Texas Ratio: 8.50%, Old National BankOld National Bank111 S 2nd St, Mankato, MN 56001A+5.0 ★Texas Ratio: 4.98%, and Pioneer BankPioneer Bank320 Stadium Rd Ste 100, Mankato, MN 56001A+5.0 ★Texas Ratio: 4.73%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Mankato, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Mankato are listed first, then lenders elsewhere in Minnesota, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Mankato, Minnesota
Market share is the lender's share of all home loans closed in Mankato, Minnesota. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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2 offices in Mankato 300 Saint Andrews Dr, Mankato, MN 56001 B+4.7 ★Texas Ratio: 19.05% |
Conventional | 30 | 4.8% | 93.8% | $178,000 | View |
Minnesota Valley Federal Credit Union
100 Memorial View Ct, Mankato, MN 56001 |
Conventional, Jumbo | 29 | 4.6% | 90.6% | $220,862 | |
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1 office in Mankato 1501 Adams St, Mankato, MN 56001 A5.0 ★Texas Ratio: 11.00% |
Conventional, VA | 23 | 3.7% | 100% | $214,130 | View |
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1 office in Mankato 201 Poplar St, Mankato, MN 56001 A+5.0 ★Texas Ratio: 3.00% |
Conventional | 21 | 3.3% | 100% | $222,142 | View |
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2 offices in Mankato 115 E Hickory St, Mankato, MN 56001 A+5.0 ★Texas Ratio: 2.85% |
Conventional, VA, HELOC | 16 +15 HELOCs |
2.6% | 80% | $248,750 | View |
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1 office in Mankato 1580 Madison Ave, Mankato, MN 56001 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 15 | 2.4% | 100% | $196,333 | View |
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2 offices in Mankato 206 E Hickory St, Mankato, MN 56001 A+5.0 ★Texas Ratio: 5.36% |
Conventional, Jumbo | 14 | 2.2% | 73.7% | $380,000 | View |
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1 office in Mankato 500 Long St, Mankato, MN 56001 A5.0 ★Texas Ratio: 8.50% |
Conventional | 12 | 1.9% | 92.3% | $248,333 | View |
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2 offices in Mankato 111 S 2nd St, Mankato, MN 56001 A+5.0 ★Texas Ratio: 4.98% |
Conventional, Jumbo, HELOC | 11 +3 HELOCs |
1.8% | 100% | $275,909 | View |
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1 office in Mankato 320 Stadium Rd Ste 100, Mankato, MN 56001 A+5.0 ★Texas Ratio: 4.73% |
Conventional | 8 | 1.3% | 100% | $172,500 | View |
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1 office in Mankato 180 Saint Andrews Dr, Mankato, MN 56001 A5.0 ★Texas Ratio: 12.61% |
Conventional | 5 | 0.8% | 100% | $169,000 | View |
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1 office in Mankato 325 S Broad St, Mankato, MN 56001 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 4 +9 HELOCs |
0.6% | 100% | $257,500 | View |
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114 Centennial Student Un, Mankato, MN 56001 6050 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 26 +13 HELOCs |
4.1% | 96.3% | $107,307 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA, VA | 26 | 4.1% | 96.4% | $275,384 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 8 | 1.3% | 100% | $172,500 | View |
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715 Crossroads Campus Dr NE, Buffalo, MN 55313 5074 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 8 | 1.3% | 100% | $170,000 | View |
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112 Broadway, Hanska, MN 56041 A+5.0 ★Texas Ratio: 0.05% |
Conventional | 6 | 1% | 85.7% | $85,000 | View |
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1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 4 | 0.6% | 80% | $237,500 | View |
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239 Main St, Henderson, MN 56044 A+5.0 ★Texas Ratio: 5.25% |
Conventional | 3 | 0.5% | 100% | $115,000 | View |
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406 E Poplar St, Belle Plaine, MN 56011 A5.0 ★Texas Ratio: 6.12% |
Conventional | 3 | 0.5% | 100% | $201,666 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, VA | 3 | 0.5% | 100% | $178,333 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional, HELOC | 2 +1 HELOCs |
0.3% | 100% | $315,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 2 +1 HELOCs |
0.3% | 100% | $175,000 | View |
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701 Ash St Ne, Lonsdale, MN 55046 A5.0 ★Texas Ratio: 13.86% |
Conventional | 2 | 0.3% | 100% | $200,000 | View |
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★ 5 stars, 1 review 9725 163rd St W, Lakeville, MN 55044 A5.0 ★Texas Ratio: 8.73% |
Conventional | 2 | 0.3% | 100% | $280,000 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $135,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $135,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.2% | 100% | $315,000 | View |
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22 1st St Ne, Bagley, MN 56621 A+5.0 ★Texas Ratio: 5.00% |
Conventional | 1 | 0.2% | 100% | $335,000 | View |
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10225 115th Street NE, Gilman, MN 56333 A+5.0 ★Texas Ratio: 1.77% |
Conventional | 1 | 0.2% | 100% | $125,000 | View |
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7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 0.2% | 100% | $275,000 | View |
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14989 Florence Trl, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 1.78% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional | 1 | 0.2% | 100% | $45,000 | View |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
Conventional | 1 | 0.2% | 100% | $225,000 | View |
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301 S State St, Fairmont, MN 56031 A+5.0 ★Texas Ratio: 3.34% |
Conventional | 1 | 0.2% | 100% | $165,000 | View |
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101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.2% | 100% | $275,000 | View |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
Conventional | 1 | 0.2% | 100% | $65,000 | View |
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255 33rd St W, Hastings, MN 55033 A+5.0 ★Texas Ratio: 1.51% |
Conventional | 1 | 0.2% | 100% | $265,000 | View |
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102 S Broadway, La Salle, MN 56056 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 1 | 0.2% | 100% | $175,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.2% | 100% | $215,000 | View |
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234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Tradition Mortgage, LLC
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Conventional | 2 | 0.3% | 100% | $275,000 | |
Bremer Bank NA
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $315,000 | |
Servion
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VA | 1 | 0.2% | 100% | $335,000 | |
Cambria Financial Group
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Conventional | 1 | 0.2% | 100% | $235,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 102 +1 HELOCs |
16.3% | 93.7% | $278,627 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA, HELOC | 40 +1 HELOCs |
6.4% | 100% | $275,000 | |
Rocket Mortgage
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Conventional, FHA, VA | 38 | 6.1% | 88.6% | $215,000 | |
Mortgage Research Center
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VA | 11 | 1.8% | 85.7% | $293,181 | |
New American Funding, LLC.
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Conventional, FHA, VA | 9 | 1.4% | 100% | $221,666 | |
Freedom Mortgage Corporation
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Conventional, FHA, VA | 8 | 1.3% | 88.9% | $318,750 | |
Kind Lending, LLC
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Conventional, FHA | 6 | 1% | 75% | $110,000 | |
Triad Financial Services, Inc.
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Conventional | 6 | 1% | 56.8% | $75,000 | |
Nationstar Mortgage
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Conventional, FHA, VA | 6 | 1% | 85.7% | $183,333 | |
Prosperity Home Mortgage, LLC
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Conventional | 5 | 0.8% | 100% | $217,000 | |
Mason-McDuffie Mortgage Corporation
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Conventional | 5 | 0.8% | 100% | $201,000 | |
Plaza Home Mortgage, Inc
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Conventional, FHA | 5 | 0.8% | 83.3% | $311,000 | |
loanDepot.com LLC
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Conventional | 4 | 0.6% | 80% | $122,500 | |
Cardinal Financial Company, Li
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Conventional, FHA | 4 | 0.6% | 100% | $222,500 | |
Iowa Bankers Mortgage Corporation
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Conventional | 4 | 0.6% | 100% | $232,500 | |
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C+4.1 ★Texas Ratio: 26.29% |
Conventional | 4 | 0.6% | 26.7% | $65,000 | View |
Newrez LLC
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Conventional, VA | 3 | 0.5% | 42.9% | $215,000 | |
21St Mortgage
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Conventional | 3 | 0.5% | 36.4% | $55,000 | |
Everett Financial, Inc.
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Conventional | 2 | 0.3% | 100% | $295,000 | |
Compeer Financial
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Conventional | 2 | 0.3% | 100% | $415,000 | |
Movement Mortgage, LLC
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Conventional, VA | 2 | 0.3% | 100% | $465,000 | |
Pennymac Loan Services LLC
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Conventional, FHA | 2 | 0.3% | 100% | $215,000 | |
Amerisave Mortgage Company
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Conventional, FHA | 2 | 0.3% | 50% | $335,000 | |
Chartwell Financial, LLC
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Conventional | 2 | 0.3% | 100% | $65,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 2 | 0.3% | 100% | $470,000 | View |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional | 2 | 0.3% | 100% | $305,000 | View |
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A-5.0 ★Texas Ratio: 14.93% |
Conventional | 2 | 0.3% | 100% | $155,000 | View |
Mutual of Omaha Mortgage
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Conventional, FHA | 2 | 0.3% | 100% | $275,000 | |
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★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional, FHA | 2 | 0.3% | 100% | $245,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA | 2 | 0.3% | 66.7% | $240,000 | View |
Spring Eq, LLC
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Conventional | 2 | 0.3% | 40% | $75,000 | |
Better Mortgage Corporation
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Conventional, HELOC | 1 +2 HELOCs |
0.2% | 100% | $785,000 | |
Guaranteed Rate, Inc.
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $245,000 | |
HomeBridge Financial Services, Inc
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FHA, HELOC | 1 +1 HELOCs |
0.2% | 50% | $335,000 | |
Lower, LLC
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $325,000 | |
Guaranteed Rate Affinity, LLC
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VA | 1 | 0.2% | 100% | $265,000 | |
Primelending
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Conventional | 1 | 0.2% | 100% | $245,000 | |
SWBC Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $225,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 0.2% | 100% | $545,000 | |
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D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.2% | 100% | $215,000 | View |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.2% | 100% | $365,000 | View |
AdvantageFirst Lending Inc
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FHA | 1 | 0.2% | 100% | $215,000 | |
Success Mortgage Partners, Inc
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VA | 1 | 0.2% | 100% | $155,000 | |
Discover Bank
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Conventional | 1 | 0.2% | 16.7% | $45,000 | |
Uw Credit Union
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Conventional | 1 | 0.2% | 100% | $285,000 | |
Sun West Mortgage Company, Inc
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VA | 1 | 0.2% | 100% | $545,000 | |
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A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 0.2% | 100% | $235,000 | View |
Co-op Credit Union
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Conventional | 1 | 0.2% | 100% | $95,000 | |
American Financing Corporation
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FHA | 1 | 0.2% | 66.7% | $175,000 | |
Bank of Colorado
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Conventional | 1 | 0.2% | 100% | $245,000 | |
New Day Financial, LLC.
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VA | 1 | 0.2% | 100% | $245,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $175,000 | |
Planet Home Lending, LLC
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Conventional | 1 | 0.2% | 100% | $105,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0.2% | 100% | $305,000 | View |
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A+5.0 ★Texas Ratio: 2.20% |
VA | 1 | 0.2% | 100% | $245,000 | View |
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C3.9 ★Texas Ratio: 27.97% |
Conventional | 1 | 0.2% | 100% | $115,000 | View |
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A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.2% | 100% | $185,000 | View |
Zillow Home Loans, LLC
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Conventional | 1 | 0.2% | 100% | $245,000 | |
Citizens State Bank
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Conventional | 1 | 0.2% | 100% | $145,000 | |
Fairway Independent Mort Corp
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VA | 1 | 0.2% | 100% | $395,000 | |
Navy Federal Credit Union
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VA | 1 | 0.2% | 25% | $225,000 | |
Thrivent Bank
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Conventional | 1 | 0.2% | 100% | $185,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
FHA | 1 | 0.2% | 100% | $275,000 | View |
Ark-La-Tex Financial Services LLC
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VA | 1 | 0.2% | 100% | $505,000 | |
Village Capital & Investment
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VA | 1 | 0.2% | 66.7% | $275,000 | |
American Neighborhood Mortgage Acceptance Company
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Conventional | 1 | 0.2% | 100% | $285,000 | |
Figure Lending LLC
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HELOC | 0 +4 HELOCs |
0% | n/a | ||
Valon Mortgage
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Altra Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Mankato Mortgage Rate Trends
Daily average mortgage rates for Minnesota compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Mankato, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Mankato? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Mankato in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Mankato, MN
Use these to narrow the list above. Each category shows how many Mankato, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Mankato, MN
Independent mortgage companies closed 48.8 percent of home loans in Mankato, Minnesota in 2025, banks 39.4 percent and credit unions 11.8 percent. Luminate Home Loans, Inc. was the largest mortgage company, Community Bank Mankato the largest bank and Minnesota Valley Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Community Bank Mankato led with 30 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in Minnesota. State deed tax of 0.33 percent of the price (seller pays) and a mortgage registry tax of 0.23 percent of the mortgage amount (borrower pays); Hennepin and Ramsey counties add 0.01 percent to each through 2027.
More Minnesota Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Mankato, MN
By home loans closed in 2025, Community Bank Mankato was the largest mortgage lender in Mankato, Minnesota with 30 loans, about 4.8 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Mankato, Minnesota, United Wholesale Mortgage approved the highest share of completed applications in 2025 at 93.7 percent, against a 87.5 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
22 lenders closed FHA loans in Mankato, Minnesota in 2025, led by United Wholesale Mortgage with 21. 24 lenders closed VA loans, led by United Wholesale Mortgage. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 51 banks and 14 credit unions closed home loans in Mankato, Minnesota in 2025, alongside 50 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Mankato, Minnesota during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Mankato, Minnesota for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Mankato. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
